Brief: Onward Medical Issues Eur 15 Million New Shares Via An Accelerated Bookbuilding
20/03/2024 17:56
March 20 (Reuters) - Onward Medical Nv ONWD.BR :
* ONWARD® MEDICAL LAUNCHES CAPITAL INCREASE BY WAY OF AN
ACCELERATED BOOKBUILD OFFERING AND OF A PUBLIC OFFERING IN
FRANCE FOR AN INDICATIVE AMOUNT OF EUR 15 MLN, WITH AN UP TO EUR
5 MLN UPSIZE OPTION
* PUBLIC OFFERING AND PRIVATE PLACEMENT ARE EXPECTED TO BE
COMPLETED ON MARCH 21, 2024, BEFORE MARKET OPEN
* ISSUE PRICE OF EUR 4.50 PER NEW SHARE, A 16.6% DISCOUNT TO
30-DAY VOLUME WEIGHTED AVERAGE PRICE (VWAP) FROM CLOSING PRICE
OF MARCH 19, 2024
Source text for Eikon: urn:newsml:reuters.com:*:nGNEvSk9l
Further company coverage: ONWD.BR
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